U.S. Faces ‘Significant Risks’ From Debt, Analysts Say, as Trump Pursues Tax Agenda
At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...
U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
24/7 Wall St. on MSN10dOpinion
This Democrat President Exploded the U.S. Debt by Over 700%
Woodrow Wilson significantly increased the public debt in order to loan money to the Allies in WWI and send soldiers to war.
Cryptopolitan on MSN3d
US will breach debt ceiling by fall without Congressional action
That’s unless Congress raises the debt ceiling. If they don’t, the government runs out of money to pay bills, interest, and ...
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
Yahoo Finance5d
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
Making President Donald Trump's tax cuts permanent ... debt would hit 204% of GDP in 2047 and exceed 250% in 2054. Total US debt is $36 trillion, and debt held by the public is about $29 trillion.
Stephen A. Smith and Bill O’Reilly clash on Trump’s ability to lower debt
"Why in God's name should anybody believe that Trump is going to be a better option than those individuals who preceded him that contributed to the deficit," Smith asked O'Reilly.
BusinessMirror12h
Govt plans to borrow ₱735B from domestic debt market
THE Marcos administration will borrow a total of P735 billion from the domestic debt market from April to June 2025 to meet the country’s fiscal obligations and fund various government programs and ...